The plane would often go for years with no problem, but it reared its ugly head again a few weeks ago - I started the plane up and the GEN light stayed on solid. Suspecting the plug, I found this:

Cleaning up the spades and applying some Stabilant-22 worked, but the other day I saw the GEN light flicker on base, which it never does normally.
I knew RV owners have had their issues with the Ducati regulator, often blamed on it not cooling properly in its original location on RV12's. And the some had converted to a John Deere part to good effect.
In any case, I installed a John Deere ($23.10 from Amazon) today with the help of a friend. Here it is in place:

We held out breaths but on startup everything looked good - no GEN light and good voltage:

Note: My plane's voltmeter has always read about 1 volt high (1), but I tend to trust the bus voltage shown on my Garmin (2).
The complete story here if you're interested: http://www.vansairforce.com/community/s ... ?p=1141868
Of course, only an option if one is Experimental. Still, something to consider if you are and are having issues.